Answer:
Net Income 180,000
Explanation:
The net income will be calculate by subtracting the expenses from the sales revenue of the firm
Sales revenue 500,000
Cost of goods sold (200,000)
Gross Profit 300,000
Operating expenses
Supplies expense (20,000)
Wages expense (100,000)
Net Income 180,000
We have:
Net Income = 2,400
Beginning total assets = 30,500
Ending total assets = 20,000
Return on asset is net income divided by average total assets.
Average total assets = ( beginning total assets + ending total assets)/2
= (30500 +20000)/2
= 25,250
Return on asset = net income/ average total assets
= 2400 /25250
=9.50%
Therefore, Return on asset would be 9.50%.
The <span>percentage of people in Africa that rely on solid fuel for cooking is 80%</span>
Answer:
The required rate of return of Portfolio is 8.83%
Explanation:
First we need to find the risk Premium of Existing Portfolio using the CAPM model.
Required rate of return = RF + ( Rm - RF ) x Beta
9.50% = 4.20% + ( Rm - RF ) x 1.05
9.50% - 4.20% = ( Rm - RF ) x 1.05
5.30% = (Rm - RF) x 1.05
(Rm - RF) = 5.30%/1.05
(Rm - Rf) = 5.05%
Second we need to find the New Portfolio Beta Using the Following step
Portfolio Beta = ( Existing Portfolio / Total Investment ) x Beta + ( New stock / Total Investment ) x Beta
Portfolio Beta = (10M / 15M) x 1.05 + (5M/15M) x 0.65 = 0.9167
Third Step we will use the CAPM model again to get Required Rate of Return of New Portfolio.
Required rate of return = RF + ( Rm - RF ) x Beta
Required rate of return = 4.20% + 5.05% x 0.9167
Required Rate of Return = 8.83%
<u>Answer:</u>
Option d is the correct answer, i.e; payment_date IS NOT NULL AND invoice_total >= 500
<u>Explanation:</u>
When coded in a WHERE clause, which search condition will return invoices when payment date isn’t null and invoice total is greater than or equal to $500 then payment_date IS NOT NULL AND invoice_total >= 500 and the remaining options are wrong.
Therefore, the Option with, i.e; payment_date IS NOT NULL AND invoice_total >= 500 is the correct answer.
